Daily Archives:

The Hanoitimes – Countries like Vietnam and Pakistan are coming off a low base in terms of economic development, so there is the potential for a catch-up effect, like what happened in places like Russia and Brazil over the past two to three decades, Jon Scheiber, CEO of Tundra Fonder AB, said. Tundra Sustainable Frontier Fund, […]

(KPL) Minister of Labour and Social Welfare Khampheng Xaysompheng has signed with his Cambodian counterpart Vong Soth a Memorandum of Understanding on the cooperation between the Ministry of Labour and Social Welfare of Laos and the Ministry of Social Affairs, Veterans and Youth Rehabilitation of Cambodia. The signed MoU aims to enhance the cooperation, exchange of […]

NDO/VNA – Optimal measures to facilitate cross-border trading of agricultural products and materials through Lao Bao-Densavan international border gate between Vietnam’s central Quang Tri province and Savannakhet province of Laos were discussed at a workshop held in Dong Ha city of Quang Tri on March 13. Building common standards to ensure transparence of procedures and […]

(KPL) On Feb 26, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation with Lao PDR stating that the country’s economy continues to perform well, supported by a favorable external environment and strong flows of foreign direct investment from its dynamic neighbors. Growth in 2017 was supported by the expansion […]

(KPL) Top Thai Brands 2018 was officially launched on Mar 7 drawing almost 200 booths representing more than 140 companies from Laos and Thailand. The week-long exhibition was opened in the presence of trade officials, entrepreneurs and business people of Laos and Thailand. Co-organized by the Department of Trade Promotion of the Ministry of Industry […]

A possible 10% capital gains tax on investment gains in cryptocurrencies will seek cabinet approval today, says a source at the Finance Ministry. The Revenue Department will propose the cabinet amend the Revenue Code to pave the way for the tax-collecting agency to impose the 10% capital gains tax from investment gains in digital currencies, the […]